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See how verdicts work2-bedroom flat · RM1 3HE
Under offerListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apple Property Services are delighted to market this two bedroom second floor apartment located in the popular Axis development in Mercury Gardens offers two bathrooms, an open plan lounge/fitted kitchen, allocated parking space, concierge and gym facilities within the development.
The property is ideally situated for Romford town centre with all its shopping and travel facilities with trains into Stratford city and Liverpool Street.
Communal Entrance Via secure intercom, lift to the concirege desk with access into the development with gym, car park and front door to the Maxim Tower block.
Entrance Hallway Via front door, doors leading to all rooms, Walnut flooring, storage cupboard.
Lounge / Kitchen 23'2" x 20'11" (measured to the widest points) Double glazed sliding patio door to the balcony, fitted kitchen comprising of wall and base units, built in oven, four point electric hob with extractor hood over, stainless steel sink unit with mixer tap over, integrated washing machine/dishwasher and fridge -freezer, Walnut flooring, radiator.
Bedroom One 14'3" x 10'2" Double glazed window to side aspect, radiator, door to the en-suite shower room.
En-suite 7'9" x 4'10" Double glazed window to side aspect, walk in shower cubicle, wash hand basin, W/c. Bedroom Two 12'7" x 8'6" Double glazed window to side aspect, radiator.
Bathroom 7'2" x 6'5" Panel enclosed bath with shower attachment over, wash hand basin, W/c, heated towel rail, extractor fan. Gym Loacted within the development for residents.
Lease length: 100+ Years Service charge:£3216 Ground rent: £240 per year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Maxim Tower, ROMFORD
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